The Most Affordable Neighborhoods in Ramey, MN by Home Value

 

Ramey, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ramey area can be challenging. Home prices in Ramey are now at a median cost of $226,825, lower than the Minnesota average of $269,934.

The average cost of rent is $839/mo in Ramey, primarily driven by the current value of real estate in the Ramey area. While nearly 45.01% of residents own their homes outright in Ramey, 7.50% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ramey is $6,327 per month. Households that rent pay about 13.27% of their income on rent here. Ramey's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.


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